From and after the effective date of the adoption of a budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several departments, offices and agencies for the respective objects and purposes therein stated.  All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered.
('83 Code, § 3.04.070)  (Ord. 945, passed - -86)